Jinwu Financial News | Sunyu Optical Technology (02382) gained strength near midday trading and fluctuated higher in the afternoon. As of press release, it rose 4.72% to HK$70.95, with a turnover of HK$0.901 billion.
IDC Consulting published the top ten insights into the Chinese smartphone market in 2025, pointing out that the central government is determined to improve market confidence and promote a steady recovery in the economy, which will further stimulate consumption, or increase smartphone subsidies to stimulate more consumers to switch devices. Currently, it is predicted that in 2025, the Chinese smartphone market will reach 0.289 billion units, an increase of 1.6% year-on-year, while shipments will remain stable in the next few years.
Bank of China International reports that it is estimated that starting in 2026, the diversity of edge AI devices will converge into AR artificial intelligence glasses. The company will use this to set off a new wave of product cycles in the field of cameras and waveguide optics, and it is expected that the market may reevaluate them from mid-2025. Since the bank recently participated in the roadshow, investors have generally focused on domestic fiscal stimulus in the consumer electronics sector, camera upgrades, and the increase in US customer share, including BYD (01211) speeding up autonomous driving by upgrading car cameras, especially extended reality (XR). Shunyu Optical AR's artificial glasses development company is expected to be on the path of recovery. The market is expected to begin in mid-2025, and XR could be a key repricing driver as investors see more AR glasses pouring into the market. The bank decided to raise Sunyu Optics' earnings forecast for 2024 to 2026 by 4% to 6%, raise the target price from HK$69 to HK$77, and maintain the “buy” rating.
